What’s Your Organization’s Fraud Risk?
Fraud can wreak tremendous damage not just on a nonprofit’s finances, but on its reputation and donor confidence as well. The latest fraud statistics include trends and warning signs nonprofits should be aware of.
Half a Million Routers Are Infected with Malware – Is Yours?
A sophisticated piece of malware is infecting home and small business routers. Here's what to know -- and the steps you should take.
Considerations for Your Church’s Fiscal Year-End
If your church uses a fiscal year-end of December 31, you may want to consider changing it. A fiscal year change would not result in tax consequences for either your church or your donors, and it could provide several advantages.
IRS Launches New Online Tool with Enhanced Data on Exempt Organizations
The new Tax Exempt Organization Search (TEOS) is designed to provide users with faster, easier access to more types of information.
Is it a Merger or an Acquisition?
While the terms “merger” and “acquisition” are often used interchangeably, they are quite different from an accounting standpoint.
IRS Examination of Churches
Learn about a recent ruling on who has the authority to approve an IRS examination of a church under section 7611.
Taxability of Transportation and Parking Fringe Benefits
Under the new tax law, organizations that provide qualified transportation and parking fridge benefits to employees must now include the value in UBIT and report it on Form 990-T.
IRS Issues Guidance on Failure to Meet Required Minimum Distribution Standards for 403(b) Plans
The IRS has directed employee plan examiners to not challenge 403(b) plans for failing to satisfy the required minimum distribution standards if the plan cannot locate the participant and has taken certain steps.
Important Cybersecurity Questions for Your CPA Firm
There is no shortage of warnings from the IRS and others about prevalent fraud schemes, phishing attempts, and other cybersecurity issues.
Cybersecurity Team Demonstrates Hacking Risk on NBC Nightly News
How easy is it for hackers to gain access to your network? The team from Traina & Associates, a CapinCrouse company, demonstrated in this NBC Nightly News segment.